Mar 14:
Utilization and fixing rigs for offshore rigs have gone up8One primary reason for this has been the high numbers of floaters and jackups which have been scrapped8More than 100 floaters scrapped since the downturn started late 20148Find out the scrapping rates per quarter and total scrapped so far8AHTS utilization, vessels > 10,000 BHP seems to be showing activity but is still not far out from the historic lows8PSV utilization, vessels > 2,000 DWT is showing an upward tendency8The other positive is a large volume of second-hand sales of offshore vessels. This is a positive sign of higher liquidity in the market. All-time high level of asset sales in 2017 (106)is an indication of rising confidenceClick on Reports for more